The Baltic Exchange Baltic Sea Transport Index, which monitors tariffs for ships moving dried bulk commodities, shouts in a row of four sessions on Friday, supported by an increase in tariffs in all ship segments.
The main index, which are factors in tariffs for shipping shipping ships, Panamax and Supramax, added 8 points to 1,643 points. However, the index dropped 2% for this week.
The CAPESIZE index gained 6 points to 2,676 points, ending the defeat of five sessions in a row, but dropped by almost 7% for this week.
The average daily income for capsizing ships, which usually carry 150,000 tons of cargo such as iron ore and coal, rose $ 51 to $ 22,190.
Iron ore futures floated lower on Friday and towards weekly losses due to increased concerns over the prospects of demand in Top China consumers amid increasing the global trade war.
The Panamax index added 18 points to 1,375.
The average daily income for Panamax ships, which usually carry 60,000-70,000 tons of coal or seeds, rose $ 162 to $ 12,379.
Among the smaller ships, the Supramax index rose 2 points with 1,012 points-high more than four months. The index rose 9% for this week, the second weekly profits in succession.
Source: Reuters
